Shin Hai GasTPE:9926 -0.40%91 EV-to-FCF is 20.13 as of Jul. 07, 2026, which is 48% above its 10-year median of 13.58. GuruFocus rates TPE:9926 with a GF Score™ of 91/100 and a GF Value™ of NT$58.19 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 299 Utilities - Regulated companies, Shin Hai Gas ranks worse than 54.85% on this metric.
EV-to-FCF is calculated as enterprise value divided by its free cash flow. As of today, Shin Hai Gas's Enterprise Value is NT$5,825 Mil.
Shin Hai Gas's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 was NT$289 Mil. Therefore, Shin Hai Gas's EV-to-FCF for today is 20.13.
The historical rank and industry rank for Shin Hai Gas's EV-to-FCF or its related term are showing as below:
TPE:9926'
s EV-to-FCF Range Over the Past 10 Years
Min: 8.74 Med: 13.58 Max: 72.22
Current: 20.32
During the past 13 years, the highest EV-to-FCF of Shin Hai Gas was 72.22. The lowest was 8.74. And the median was 13.58.
TPE:9926's EV-to-FCF is ranked worse than 54.85% of 299
companies
in the Utilities - Regulated industry
Industry Median: 18.31
vs TPE:9926: 20.32
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
EV-to-FCF is a valuation multiple that allows analysts and investors to compare stocks, preferably in the same sector or industry. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Shin Hai Gas's PE Ratio (TTM) for today is calculated as:
Shin Hai Gas's share price for today is NT$49.50.
Shin Hai Gas's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$2.660.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Enterprise Value is used because it is a more complete measure in reflecting how much an investor pays when buying a company. Free Cash Flow is an important financial metric because it represents the actual amount of cash at a company's disposal. Companies with a low EV-to-FCF ratio, combined with a strong balance sheet are generally considered as undervalued.
Shin Hai Gas EV-to-FCF Related Terms
Shin Hai Gas EV-to-FCF Historical Data
* Premium members only.
The historical data trend for Shin Hai Gas's EV-to-FCF can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Utilities - Regulated Gas subindustry, Shin Hai Gas's EV-to-FCF, along with its competitors' market caps and EV-to-FCF data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Shin Hai Gas EV-to-FCF vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Shin Hai Gas's EV-to-FCF distribution charts can be found below:
* The bar in red indicates where Shin Hai Gas's EV-to-FCF falls into.
Shin Hai Gas's current Enterprise Value is NT$5,825 Mil.
Shin Hai Gas's Free Cash Flow for the trailing twelve months (TTM) ended in Dec. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was NT$289 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Shin Hai Gas (TPE:9926) has a EV-to-FCF of 20.13 as of Jul. 07, 2026. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Shin Hai Gas and its competitors. This is 48% above median its historical median of 13.58. Over the past decade, Shin Hai Gas' EV-to-FCF has ranged from 8.74 to 72.22. According to the industry distribution chart, Shin Hai Gas ranks #164 out of 299 companies in the Utilities - Regulated industry, placing it in the top 54.8%.
Is Shin Hai Gas' EV-to-FCF too high?
Shin Hai Gas' current EV-to-FCF of 20.13 is 48% above median its 10-year median of 13.58. Over the past 10 years, this metric has ranged from a low of 8.74 to a high of 72.22. The Utilities - Regulated industry median EV-to-FCF is 18.31. Shin Hai Gas' value of 20.13 is 9.9% above this industry median. Based on the distribution chart, Shin Hai Gas ranks #164 out of 299 companies in the Utilities - Regulated industry, which is below the industry midpoint. Overall, Shin Hai Gas has a GF Score™ of 91/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Shin Hai Gas' EV-to-FCF compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Shin Hai Gas ranks #164 out of 299 companies for EV-to-FCF. This places Shin Hai Gas in the lower half of its industry. The industry median EV-to-FCF is 18.31. Shin Hai Gas' value of 20.13 is 9.9% above this benchmark. Historically, Shin Hai Gas' own EV-to-FCF has ranged from 8.74 to 72.22 over the past decade. While the company's 10-year median is 13.58 vs. the industry median of 18.31, Shin Hai Gas has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-FCF for an Utilities - Regulated company?
The median EV-to-FCF among Utilities - Regulated companies is 18.31, based on 299 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-FCF significantly above this median, while those in the bottom quartile fall well below. However, EV-to-FCF should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Shin Hai Gas's current EV-to-FCF of 20.13 is 9.9% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-FCF mean?
A high EV-to-FCF can signal that a stock is expensive relative to its fundamentals. EV to FCF ratio is the company's enterprise value divided by free cash flow. View historical data on Shin Hai Gas and its competitors. For the Utilities - Regulated industry, the median EV-to-FCF is 18.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Shin Hai Gas's current EV-to-FCF is 20.13, which is 48% above median its own 10-year median of 13.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Shin Hai Gas stock overvalued right now?
Based on GuruFocus' analysis, Shin Hai Gas (TPE:9926) is currently considered Modestly Undervalued. The stock's GF Value™ is NT$58.19, compared to a current price of NT$49.50 — trading 14.9% below its estimated fair value. The current EV-to-FCF is 20.13, which is 48% above median its 10-year median of 13.58 and 9.9% above the Utilities - Regulated industry median of 18.31. Shin Hai Gas' overall GF Score™ is 91/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-FCF calculated?
EV-to-FCF is calculated from a company's financial statements. For Shin Hai Gas (TPE:9926), the current EV-to-FCF is 20.13 as of Jul. 07, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Shin Hai Gas (TPE:9926) Overvalued in 2026?
Based on GuruFocus' analysis, Shin Hai Gas stock appears to be undervalued.
The current stock price of NT$49.50 is trading 14.9% below its estimated GF Value™ of NT$58.19.
GuruFocus considers Shin Hai Gas to be Modestly Undervalued.
Key valuation signals for TPE:9926:
EV-to-FCF: 20.13 (48% above median its 10-year median of 13.58)
GF Value™: NT$58.19 vs. price of NT$49.50 (14.9% below fair value)
Industry Position: 9.9% above the Utilities - Regulated median (#164 of 299)
No single metric tells the full story. See the TPE:9926 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Shin Hai Gas Corp is mainly engaged in natural gas supply service, natural gas transmission system construction, sale and installation of gas equipment, and operation and investment of type one telecommunications enterprise. The company's reportable segments include the Gas supply segment, Equipment segment, Telecommunication segment, and Others. The majority of its revenue is generated from the Gas supply segment, which derives income from the sales of natural gas.
91GF Score
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